Stocks ticked downward in afternoon trading Friday, even as the major indexes were poised to record a win for the week as Wall Street digested retail updates and oil’s losses amid signals of a slowing economy. The S&P 500 (^GSPC) edged lower to fall just below the flatline, while the Dow Jones Industrial Average (^DJI) …
Equities look historically high relative to government bonds.Johannes Eiselle/Getty Images Stock-market valuations, by one measure, have hit highs surpassed only a few times in history. Equities look historically high relative to government bonds, according to PIMCO and GAM Asset Management. The market’s upbeat expectations on future corporate earnings may “face disappointment,” says PIMCO. After a …
The stock market is edging toward extremes of Great Depression and dot-com eras Read More »
Wall Street’s outlook for the stock market in 2024 is too bearish, according to Fundstrat’s Tom Lee. He pointed to the historical distribution of annual stock market returns. Since 1900, the S&P 500 has experienced yearly gains of 10% or more 51% of the time. Loading Something is loading. Thanks for signing up! Access your …
Historical Returns Suggest Wall Street Is Wrong About 2024 Stock Market Read More »
The last couple of years have been a wild ride for the stock market, and if you’re nauseated by all the ups and downs, you’re not alone. Many experts have predicted everything from a major market crash to a 2008-style recession in recent months, leaving investors confused about where stock prices are actually headed. The …
Up 11% in 2023, Is It Safe to Invest in the Stock Market Right Now? Read More »
Over multiple decades, you’d struggle to find a more consistent wealth creator than Wall Street. But when examined over shorter timelines, the stock market becomes highly unpredictable. Since the start of 2020, all three major stock indexes have vacillated between bull and bear markets, with the growth-driven Nasdaq Composite (^IXIC -1.53%) getting whipsawed the most. …
Bloomberg TV Chances of a year-end stock market rally are dwindling, according to Morgan Stanley’s top equity chief Mike Wilson. Wilson reiterated his view that the S&P 500 will fall 11% from current levels to 3,900 by year-end. “Weakening breadth and cautious internals reduce the odds of a fourth-quarter rally,” Wilson said. One of Wall …
Smithfield Foods is actively considering a return to the U.S. stock market, with the support of its Chinese parent company, WH Group, according to a recent report from The Wall Street Journal. The pork producer is in collaboration with banks to potentially go public in the U.S., with plans possibly materializing as early as next …
INDIANAPOLIS, Ind. — October historically has been a month of notable volatility in the stock market, with historic crashes like the 1929 Great Depression and Black Monday in 1987. These events have given rise to a sense of “Octoberphobia” among some investors. Lessons on these events and others are included in Common Sense Economics from …
The London Stock Exchange Group offices are seen in the City of London, Britain, December 29, 2017. REUTERS/Toby Melville/File Photo Acquire Licensing Rights LONDON, Oct 19 (Reuters) – The London Stock Exchange (LSE) (LSEG.L) said it is preparing to resume normal trading on Friday after an incident disrupted activity earlier on Thursday. The incident forced …
LSE says preparing to resume trading normally on Friday Read More »
US stocks ended Friday’s trading session in the red, as the benchmark 10-year Treasury yield hovered just below 5% in the wake of comments by Federal Reserve Chair Jerome Powell. The Dow Jones Industrial Average (^DJI) fell 0.9% or 270 points, while the S&P 500 (^GSPC) shed 1.3%. The tech-heavy Nasdaq Composite (^IXIC) dropped about …
Stocks tumble amid bond market pummeling: Stock market news today Read More »